206 NE JOHNSON ST McMinnville, OR $ 949,000
206 NE JOHNSON ST
$ 949,000
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206 NE JOHNSON ST

McMinnville, OR, 97128
$ 949,000
Bedrooms6 Baths3.0 Sq 1,953

Monthly Estimate*

$ 5,843

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Multi-Family Home for sale in McMinnville, OR

for $949,000 with 6 bedrooms and 3 full baths. This 1,953 square foot home was built in 1972 on a lot size of 0.15.

Turnkey Short Term Rental Triplex! Peak Season Begins in May - Buy today and host tomorrow! This is a rare opportunity to own a triplex with 3 fully furnished 2 bed/1 bath units, currently operating as successful short-term rentals.This income producing property features three single-level units, each offering 2 bedrooms and 1 bathroom, along with six off-street parking spaces. Every unit includes a private patio, in-unit washer and dryer, and new ductless heating and cooling systems for year-round comfort. All furniture, linens, kitchen supplies, and appliances are included, making this a truly turnkey investment ready for immediate operation. The low maintenance yard and exterior help keep ownership simple, while C3 zoning allows for a variety of uses. With peak season running May through October, the timing is ideal for capturing immediate STR income. Units A & C have demonstrated strong performance with 100+ five-star reviews. Unit B has only just been renovated and is now ready to rent. Recent updates include new heating and air conditioning systems, water heaters, appliances, and fresh interior paint, further enhancing the property's value and ease of ownership. Inquire with your CPA about a potential tax advantage of a cost segregation study!

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Multi-Family Active

Price

$ 949,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,356

Style

Lot Size

0.15

Year Built

1972

Town/City

McMinnville

County/Region

Yamhill

MLS | Web ID

785094065

Features
General
Sewer PublicSewer
Heating Ductless MiniSplit Zoned
Cooling HeatPump MiniSplit
Roof Composition
Zoning C-3
Year Built 1972
Stories Count 1
Tax Year 2025
Parcel Number 162273
Gross Income 0
County Yamhill
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Corner of NE Johnson and NE 2nd Street
High School McMinnville
City McMinnville
Disclosures Disclosure
Number Of Units Total 3
MLS Area _156
Lot Size Square Feet 6534.0
Listing Terms Cash Conventional
Elementary School Buel
Tax Annual Amount 5356.38
Middle/Junior High School Patton
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description S 54' LOTS 5 & 6 - BLOCK 22 IN ROWLANDS ADDITION
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Driveway
Lot Features CornerLot Level
Water Source PublicWater
Total Parking 6.0
Exterior Description T111Siding
Foundation Details ConcretePerimeter
Building Area Total 1953.0
Lot Dimensions 6 482 Square Feet
Lot Size Acres 0.15
Road Surface Type Paved
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Internal Only
Street Number 1 206
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* Excluded Features
List By
Oregon First

Broker

chlumak@oregonfirst.com

Email

Affordability Calculator

$6,289
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,843
Monthly Property Taxes
$446
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949675 Elementary School
1950262 Middle School
McMinnville High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2026$949,000 Listed Price

Map


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206 NE JOHNSON ST, McMinnville, OR, 97128 is a Multi-Family Home for sale at $949,000 with 1,953 sqft and a lot size of 0.15. 206 NE JOHNSON ST has 6 bedrooms, 3.0 baths, and was built in 1972. The property's zip code is 97128 which is in McMinnville, OR